Koalafi reviews

4.2

79% would recommend to a friend

(209 total reviews)
avatar

Patrick Moore

52% approve of CEO

80% positive business outlook

Koalafi has an employee rating of 4.2 out of 5 stars, based on 209 company reviews on Glassdoor which indicates that most employees have an excellent working experience there. The Koalafi employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

209 reviews
5.0
Dec 8, 2021

Great place to work

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great work/life balance, people are friendly and everyone is hard working.

Cons

None so far. I've only had a great experience up to this point.

avatar
Koalafi Response
4y
Thank you very much for taking the time to provide feedback!
2.0
Dec 6, 2021

Decent company but there are better options

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work/life balance is generally pretty good. For the most part you do meaningful work. Free weekly foodtruck lunches and everyone is well mannered and cares about each other.

Cons

Koalafi is your typical corporate culture just on a smaller scale. Fairly typical csuite who all move in lockstep. Limited career growth unless you know someone and are a yes man. Comp is well below industry averages and there's almost an unspoken understanding that you should take less money because your working for a startup. This would make sense if the c-suite and their entourage werent the ones making all the decisions. Medical benefits are poor. Employers are being asked to come into the office once covid is over. Based on the recent turn-over, I have strong reason to believe that people are leaving and deciding not to post glassdoor reviews. There's a disconect between the number of employees who are leaving (droves of them) and all the positive reviews. It doesnt add up.

avatar
Koalafi Response
4y
We are disappointed to read that your feedback on Koalafi was not satisfactory. However, we do appreciate the input so that we may inspect our internal operations and identify any areas for improvement. We are focused on ensuring our staff is provided the best experience while here - from amenities to meaningful/value add work (as you mention). We continuously review our compensation and benefit structure to ensure we are paying competitively and fairly.
1.0
Nov 24, 2021

Get in and Get out!

Recommend
CEO approval
Business Outlook

Pros

Great concept company as a full spectrum lender

Cons

Commission pay plan cuts were constant, territory reassignments, poor planning on upper management side

avatar
Koalafi Response
4y
Thank you for taking the time to provide feedback. We continually benchmark our pay structure to ensure we are paying at the top of the market along with territory assignments to ensure travel efficiency and relatively balanced opportunities for each of our field sales folks. Throughout this past year our field team has become 3x more efficient – partially as a result of ensuring balanced “territories” - and has enjoyed increasing financial/commission payments as a result!
Viewing 109 - 111 of 209 Reviews

Glassdoor has 216 Koalafi reviews submitted anonymously by Koalafi employees. Read employee reviews and ratings on Glassdoor to decide if Koalafi is right for you.